Miller Adam W 4/A
4/A · Knight-Swift Transportation Holdings Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Knight‑Swift (KNX) CEO Adam W. Miller Receives RSUs, Sells Shares
What Happened
- Adam W. Miller, CEO and director of Knight‑Swift Transportation Holdings (KNX), had 17,758 restricted stock units convert into 17,758 shares on March 12, 2026. Of those shares, 7,699 were withheld/sold to cover tax withholding at $55.10 per share, generating $424,215. The filing is amended to reflect a joint account.
Key Details
- Transaction date: March 12, 2026; filing date (amended): March 24, 2026.
- Converted/issued: 17,758 shares from restricted stock units (1:1 conversion).
- Tax withholding/disposition: 7,699 shares disposed at $55.10 each for $424,215.
- Net shares retained from this issuance: 17,758 − 7,699 = 10,059 shares (based on the reported conversion and withholding).
- Footnotes: F1 — RSUs convert one-for-one into Class A common stock. F2 — the RSUs vested Jan 31, 2026, but issuance occurred Mar 12, 2026 when performance targets were certified. F3 — amended to show joint account held JTWROS with Nichole A. Miller.
- Filing notes: This is an amended Form 4 filed 12 days after the reported transaction date; the amendment updated account ownership information.
Context
- This was not an open‑market purchase but the conversion/issuance of performance-based restricted stock units with shares withheld to satisfy tax obligations — a routine administrative transaction common for equity awards. Such withholdings and sales to cover taxes do not necessarily signal the insider’s market view.
Insider Transaction Report
Form 4/AAmended
Miller Adam W
DirectorCEO
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F3]2026-03-12+17,758→ 197,580 total(indirect: By Spouse) - Tax Payment
Class A Common Stock
[F3]2026-03-12$55.10/sh−7,699$424,215→ 189,881 total(indirect: By Spouse) - Exercise/Conversion
Performance Restricted Stock Units
[F1][F2]2026-03-12−17,758→ 0 totalFrom: 2026-03-12→ Class A Common Stock (17,758 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- [F2]The shares vested on January 31, 2026, but the performance target attainment was not determined and approved until March 12, 2026, when the shares were issued.
- [F3]Amended to reflect joint account held by Adam Wayne Miller and Nichole A Miller JTWROS (joint with rights of survivorship).
Signature
James Brophy / Attorney in Fact|2026-03-24